My covid checks will pay for that.I just got an email from BoatTest, announcing the new Formula 500 crossover with quad V12s. Just for laughs I did a "build" and it's 2.5 mil right out of the gate!
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My covid checks will pay for that.I just got an email from BoatTest, announcing the new Formula 500 crossover with quad V12s. Just for laughs I did a "build" and it's 2.5 mil right out of the gate!
My covid checks will pay for that.
I heard there wasn't any stupid COVID in Southern Missouri, so NO checks for you. LOLCOVID never gave me any checks...
I feel for you guys, here on the Chesapeake half the marinas are half empty. I pay $1600 a year for slip, dam! Life is great!I agree with the "trailer boats" because there aren't any slips available. Our marina has a 240 boats waiting.
There wasn't much down there. But I live in St. Louis and there is plenty. The IRS told me I was rich, imagine my surprise.I heard there wasn't any stupid COVID in Southern Missouri, so NO checks for you. LOL
Agree or at least put down a nice down payment like 20% to 30%. If you can't do that, you will when you sell after the bubble. And that sucks when upside down. Been there - done that - back in 2008 with a boat. Never doing it again. On the flip side, my 2007 44 has gone up in value $30k in one year and bought her one month before covid shutdown. Who knew... so I guess between 2008 and today I am now even.Everyone who purchased at these Covid prices are going to regret it. Every bubble bursts.
So I guess we need to have 2 boats? 1 to keep and 1 to sell. I wished I had a second piece of property cuz I would sell my house right now for a $h!tload and live in a tent (well maybe a really nice 5th wheel) lolAs my old man used to say..."I'd like to sell this house and move into a tent". The problem is when prices go up, in order to capitalize, you have to "be out" for a bit. Are you willing to take that risk?
Jaybeaux, channeling Fred.
Another day, another disappointment. Guy tells me his “buyer” is having trouble getting financing. I make appointment to see the next day. Go to do a deal and the balks at a survey and says the other guy got his financing and doesn’t need a survey. WTF. So done.Things are nuts. Called on a boat yesturday, a few hours after it was listed. Wanted to see it tomorrow. Ready to do a full ask price deal. Guy won't show it. Has another "potential buyer." I'm done with this chit. Ready to spend my money on hookers.
Another day, another disappointment. Guy tells me his “buyer” is having trouble getting financing. I make appointment to see the next day. Go to do a deal and the balks at a survey and says the other guy got his financing and doesn’t need a survey. WTF. So done.
That it has. Everyone is busy. No call backs. Tough to get techs to do compression checks, etc.Were I super committed to selling this year I think I'd just join one of those "freedom boat clubs" or the like for this summer. I generally love the process of searching, seeing, wheeling and dealing. But I think the current market has taken all the fun out of it.
I think you’re low. My boat is selling higher then $250k.... I had a $280k offer the other day....a couple fresh water 2005’s sold over $300kI seriously thought about selling this year and going a year without a boat. My wife quickly shut that down... We bought our 420 sedan bridge in 2019, paid 189k and we bartered the guy a bit. The boat is immaculate with all kinds of upgrades from 2017/18. I'm thinking i could have offloaded it this season for 240-250k. It made me think hard...